POSCO Holdings Inc ADR (NYSE: PKX) Stock Has Gained 7.74% Over The Month – Is There Room For Growth?

POSCO Holdings Inc ADR (NYSE:PKX)’s traded shares stood at 2.04 million during the latest session, with the company’s beta value hitting 1.43. At the last check today, the stock’s price was $69.50, to imply a decrease of -0.43% or -$0.3 in intraday trading. The PKX share’s 52-week high remains $100.58, putting it -44.72% down since that peak but still an impressive 16.55% since price per share fell to its 52-week low of $58.00. The company has a valuation of $20.55B, with an average of 0.21 million shares in intraday trading volume over the past 10 days and average of 125.71K shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for POSCO Holdings Inc ADR (PKX), translating to a mean rating of 1.79. Of 1 analyst(s) looking at the stock, 0 analyst(s) give PKX a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

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POSCO Holdings Inc ADR (NYSE:PKX) trade information

After registering a -0.43% downside in the latest session, POSCO Holdings Inc ADR (PKX) has traded red over the past five days. The 5-day price performance for the stock is -4.36%, and 7.74% over 30 days. With these gigs, the year-to-date price performance is -26.92%. Short interest in POSCO Holdings Inc ADR (NYSE:PKX) saw shorts transact 0.42 million shares and set a 3.9 days time to cover.

The extremes give us $77 and $77 for target low and target high price respectively. As such, PKX has been trading -10.79% off suggested target high and -10.79% from its likely low.

POSCO Holdings Inc ADR (PKX) estimates and forecasts

Looking at statistics comparing POSCO Holdings Inc ADR share performance against respective industry, we note that the company has outperformed competitors. POSCO Holdings Inc ADR (PKX) shares are -6.04% down over the last 6 months, with its year-to-date growth rate higher than industry average at 9.56% against -30.40%. The rating firms project that company’s revenue will shrink -2.50% compared to the previous financial year.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -2.05% for the past 5-year period. While 2024 is set for a 12.70% return in earnings, projections for the next 5 years are at 26.90% annually.

PKX Dividends

POSCO Holdings Inc ADR has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. POSCO Holdings Inc ADR has a forward dividend ratio of 1.85, with the share yield ticking at 2.66% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 3.44%.

POSCO Holdings Inc ADR (NYSE:PKX)’s Major holders

The next major institution holding the largest number of shares is STATE STREET CORP with 0.77 million shares, or about 0.9097% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $50.57 million.